Marco Siqueira - OEC president

São Paulo, June 9th - At a Board of Directors’* meeting held on Tuesday (09), Marco Siqueira's appointment as the new president of OEC – Odebrecht Engineering & Construction was unanimously approved. Up until this moment, Siqueira worked in civil construction as the business leader of the developer OR, where he played a central role in overcoming major challenges in the last three years, such as the extensive financial restructuring process and the full implementation, with the supervision of external monitors, of the new Compliance Program, whose robustness is recognized by the company's interest groups. Other positive highlights were the 20 real estate projects delivered, asset sales exceeding US$ 500 million, in addition to the resumption of launches of residential projects.

Marco Siqueira (42) is from the city of São Paulo, graduated in architecture and urbanism from the Fine Arts College in São Paulo, has a master’s in Real Estate Development from the University of New York, and started his career 20 years ago in retail real estate development and shopping centers at Guararapes Group. In 2007, upon returning from his master's degree, he joined Tishman Speyer for one year, before joining the Odebrecht Group in 2008.

The executive will take over OEC finding the construction company with governance systems similar to that of publicly traded companies and with its teams in Brazil and abroad reevaluated and prepared to meet the challenge of resuming growth. The company currently has projects in seven countries: Brazil, Angola, Peru, the United States, Ghana, Panama and the Dominican Republic. During 2019, seven projects were completed and delivered to clients and the portfolio renewed with the expansion or attainment of new contracts, in the total amount of US$ 335 million, ending the period with a total backlog of US$ 3.4 billion.

* Board of Directors - OEC
- Ruy Sampaio (Chairman)
- Juliana Baiardi (Vice-Chairman)
- Ana de Novaes (Independent)
- Britaldo Soares (Independent)
- Daniel Villar
- Marco Rabello
- Luciano Guidolin

 

Data
2020-06-09
Resumo

At a Board of Directors’ meeting Marco Siqueira's appointment as the new president of OEC – Odebrecht Engineering & Construction was unanimously approved.

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